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411 on dividend and AGM
Balaa
#741 Posted : Wednesday, October 30, 2019 10:46:55 PM
Rank: Member


Joined: 7/6/2018
Posts: 175
Location: Kinshasa
SCB interim dividend EFT ndani today.
If it don't make dollars, it don't make sense
Ericsson
#742 Posted : Tuesday, November 19, 2019 6:20:48 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,699
Location: NAIROBI
Angelica _ann wrote:
Angelica _ann wrote:
iris wrote:
Ericsson wrote:
AndyC wrote:
iris wrote:
Angelica _ann wrote:
Anybody received Safaricom via snail mail aka cheque?


I spoke to them yesterday and the story is that they have only just started sending out snail mail cheques and the process goes on until November..


Out of curiosity why would one still choose snail mail when there are other faster options available to be paid?


Other faster options come at a cost.
To some people they are not in such a hurry to receive the dividends.


Or unexplained choice by sender: mine supposedly defaulted back to snail mail because M-Pesa failed at the time for an unknown reason.


Mine is a basic problem that i gave up on sorting out. A joint account of 2 people but names are transposed the way CDSC Account and bank account were opened. So EFT payments are returned by the bank (names differ) Sad but cheques they accept) smile - you walk in & just deposit/no questions asked based on the comfort that they are clearly dividend payment. I accepted my situation and moved on!!!!


Safaricom round one snail mail inside//Monday!!!


Safaricom dividend wrapped up unless there is someone who hasn't received both normal and special dividend.
kcb ongoing
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#743 Posted : Tuesday, November 19, 2019 10:17:10 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
KCB EFT ndani.
Towards the goal of financial freedom
winmak
#744 Posted : Thursday, January 23, 2020 12:07:59 PM
Rank: Member


Joined: 12/1/2007
Posts: 539
Location: Nakuru
Good people, anyone received Carbacid dvd on Snail?
Also need to know who is their registrar so that I can follow up on previous divs.
For investors as a whole, returns decrease as motion increases ~ WB
Balaa
#745 Posted : Thursday, January 23, 2020 1:03:16 PM
Rank: Member


Joined: 7/6/2018
Posts: 175
Location: Kinshasa
winmak wrote:
Good people, anyone received Carbacid dvd on Snail?
Also need to know who is their registrar so that I can follow up on previous divs.


Registrars: Axis Kenya Box 764-00606 Sarit Centre. Theu don't seem to have a website
If it don't make dollars, it don't make sense
Extraterrestrial
#746 Posted : Thursday, January 23, 2020 1:24:26 PM
Rank: Member


Joined: 11/17/2018
Posts: 173
Location: Mars
I received mine in December and spent it on slayqueens.
Ebenyo
#747 Posted : Thursday, January 23, 2020 2:58:12 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
winmak wrote:
Good people, anyone received Carbacid dvd on Snail?
Also need to know who is their registrar so that I can follow up on previous divs.




This one was paid in December.
Towards the goal of financial freedom
winmak
#748 Posted : Thursday, January 23, 2020 3:46:19 PM
Rank: Member


Joined: 12/1/2007
Posts: 539
Location: Nakuru
Thanks a lot. My cheque never checked in. Guess I will have to head to Apollo Centre
For investors as a whole, returns decrease as motion increases ~ WB
Kenyan Oracle
#749 Posted : Wednesday, February 05, 2020 5:46:52 PM
Rank: Member


Joined: 5/31/2011
Posts: 250
Jan 31st EABL Announced a KES 3.00 interim dividend
You lose money chasing women, but you never lose women chasing money - NAS
Ericsson
#750 Posted : Wednesday, February 05, 2020 5:47:49 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,699
Location: NAIROBI
Kenyan Oracle wrote:
Jan 31st EABL Announced a KES 3.00 interim dividend


Payment date
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
young
#751 Posted : Thursday, February 06, 2020 10:49:02 AM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Ericsson wrote:
Kenyan Oracle wrote:
Jan 31st EABL Announced a KES 3.00 interim dividend


Payment date


Payment around 17th April.




https://www.eabl.com/sit...r-results-financials.pdf
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Angelica _ann
#752 Posted : Wednesday, February 26, 2020 5:48:25 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Dividends on shares for individuals the w/holding tax is 5%, what about if the investing entity is a limited company?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
young
#753 Posted : Wednesday, February 26, 2020 6:50:46 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Angelica _ann wrote:
Dividends on shares for individuals the w/holding tax is 5%, what about if the investing entity is a limited company?


Same 5% as individuals .

Please note that for foreign individual investors like us, we are charged higher, a withholding tax of 10% of dividend.
Call it tithe on dividends .

This is not peculiar to Nairobi bourse.In general non resident foreign investors everyway always pay higher withholding tax on dividend income.

The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
sparkly
#754 Posted : Wednesday, February 26, 2020 10:45:35 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Angelica _ann wrote:
Dividends on shares for individuals the w/holding tax is 5%, what about if the investing entity is a limited company?


1. A Kenyan Company with less than 12.5% shareholding - WHT at 5%;

2. A Kenyan company with 12.5% or more shareholding - WHT at 0%

3. Foreign Companies - WHT at 10%
Life is short. Live passionately.
VituVingiSana
#755 Posted : Thursday, February 27, 2020 12:07:03 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,107
Location: Nairobi
Longhorn dividend NDANI Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#756 Posted : Thursday, February 27, 2020 9:33:07 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,699
Location: NAIROBI
VituVingiSana wrote:
Longhorn dividend NDANI Applause

Uko huko pia.
Centum and it's affiliates.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#757 Posted : Thursday, February 27, 2020 9:42:38 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,107
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Longhorn dividend NDANI Applause

Uko huko pia.
Centum and it's affiliates.
Centum is a core holding for me. Longhorn is Tier 2 for the dividend yield and eventually capital gains when a sale/takeover takes place at a premium. I believe JM will deliver Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
heri
#758 Posted : Wednesday, March 18, 2020 8:50:09 AM
Rank: Member


Joined: 9/14/2011
Posts: 834
Location: nairobi
if Companies like KCB cannot hold their AGMs, does it mean no dividends will be paid until this COVID 19 runs its course whenever that will be?
VituVingiSana
#759 Posted : Wednesday, March 18, 2020 9:16:36 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,107
Location: Nairobi
heri wrote:
if Companies like KCB cannot hold their AGMs, does it mean no dividends will be paid until this COVID 19 runs its course whenever that will be?

Firms can announce and pay one or two INTERIM dividends which can replace final dividends. Same difference.

AGMs have to be held but the CMA could/should allow online AGMs i.e. live streaming with Q&As via phone lines or other means e.g. conferencing.

It's not insurmountable and going forward it could become permanent for those who cannot physically attend AGMs.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
cyruskulei
#760 Posted : Wednesday, March 18, 2020 11:30:52 AM
Rank: Member


Joined: 3/9/2010
Posts: 320
Location: kenya
VituVingiSana wrote:
Longhorn dividend NDANI Applause


Am I the only one who has not received my LKL dividends?

Called the registrars and they gave me funny stories. Hadi payment bounced.
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

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